I think the market will turn in a year. I will give some facts from Germany:
- there are actually 50 Mio cars
- monthly new: 250.000 Cars (85% with Petrol/ 15% BEV)
- Main reason for buying Petrol Cars: the BEV are too expensive, Petrol is cheap. (1,80€/Liter)
this will Happen in the next 3 years:
- cheaper BEV will come to the market
- Petrol price will rise by tax (each Liter): (2025 + 0,03€ / 2026 + 0,03 CT / 2027 + 0,38€)
experts see the Petrol price in january 2027 rise to 2,40€.
- 2027: new technical regulatory will be startet for Petrol Cars: EURO 7. This makes Petrol Cars much more expensive.
many people will Change to BEV for Cost reasons latest 2027
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